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Notes From The Street: What 1 Trader Is Watching At Google And Amazon Pre-Earnings

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The following is a note from Tim Anderson (MND Partners).

On Google Inc (NASDAQ: GOOG): Google has been on a wild ride for the last two months…..$530 to $490 to $530 back to $490, and now trying to hold $500 again.

One of the key metrics [during earnings] will be “cost per click.”

On Amazon.com, Inc. (NASDAQ: AMZN): It looks like $300 could be a major inflection point.

The big take away from Amazon last quarter was that investors might be finally tiring of the “we’re after market share right now and we’ll make money eventually” mantra that has been the Amazon rallying cry for years.

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Posted-In: Previews Trading Ideas

 

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